Meren Energy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	161.6	174.7	61.4	232	199.7	58.9
Short-Term Investments	-	-	7	-	-	-
Cash & Short-Term Investments	161.6	174.7	68.4	232	199.7	58.9
Cash Growth	-62.28%	155.41%	-70.52%	16.17%	239.05%	45.53%
Accounts Receivable	92.2	17.8	-	-	-	-
Other Receivables	43.4	57.4	1.6	5.1	1.4	0.6
Receivables	135.6	75.2	5.9	5.1	1.4	0.6
Inventory	98.8	94.2	-	-	-	-
Prepaid Expenses	3.6	2.5	2.4	-	-	-
Other Current Assets	-	2.2	-	-	-	-
Total Current Assets	399.6	348.8	76.7	237.1	201.1	59.5
Property, Plant & Equipment	1,375	1,417	3.2	-	-	-
Long-Term Investments	131.3	142.2	506	707.2	651	737.8
Other Intangible Assets	45	43.7	29.3	19.1	63.6	194.3
Other Long-Term Assets	21.5	-	-	-	-	-
Total Assets	1,973	1,952	615.2	966.2	917.7	991.6
Accounts Payable	88.9	124	-	14.2	-	-
Accrued Expenses	125.7	123.8	11.9	8.2	7.3	4
Current Portion of Leases	0.9	0.9	0.7	-	-	-
Current Income Taxes Payable	38.6	48.5	-	-	-	-
Other Current Liabilities	62.8	70.5	2	-	37.2	3.7
Total Current Liabilities	316.9	367.7	14.6	22.4	44.5	7.7
Long-Term Leases	2.7	2.9	2.6	-	-	-
Long-Term Deferred Tax Liabilities	308.7	281.8	-	-	-	-
Other Long-Term Liabilities	645.3	533.6	49.2	49.2	42.6	35.9
Total Liabilities	1,274	1,186	66.4	71.6	87.1	43.6
Common Stock	1,537	1,536	1,196	1,265	1,268	1,309
Additional Paid-In Capital	95.5	95.5	87.4	61.6	59.2	51.1
Retained Earnings	-933.1	-865.8	-734	-432.3	-496.3	-412.2
Treasury Stock	-	-	-0.4	-	-	-
Shareholders' Equity	699	765.9	548.8	894.6	830.6	948
Total Liabilities & Equity	1,973	1,952	615.2	966.2	917.7	991.6
Total Debt	3.6	3.8	3.3	-	-	-
Net Cash (Debt)	158	170.9	65.1	232	199.7	58.9
Net Cash Growth	-62.84%	162.52%	-71.94%	16.17%	239.05%	-
Net Cash Per Share	0.23	0.27	0.14	0.49	0.42	0.12
Filing Date Shares Outstanding	676.12	675.91	436.6	460.59	460.05	474.83
Total Common Shares Outstanding	676.12	675.91	439.08	463.83	462.79	474.66
Working Capital	82.7	-18.9	62.1	214.7	156.6	51.8
Book Value Per Share	1.03	1.13	1.25	1.93	1.79	2.00
Tangible Book Value	654	722.2	519.5	875.5	767	753.7
Tangible Book Value Per Share	0.97	1.07	1.18	1.89	1.66	1.59